Media General Inc.

Sinclair Broadcast Group Inc. said it will swap four television stations with Media General in a move designed to expand the Baltimore broadcaster's geographic reach and give it greater flexibility for future acquisitions. Sinclair will acquire a station in Providence, R.I., owned by Media General, two stations in Green Bay, Wis., owned by Lin Media LLC and one station in Savannah, Ga., owned by WTGS Television LLC and operated by Lin. Media General is acquiring Lin. In exchange, Sinclair will divest its MY station in Tampa and its Fox and CW stations in Colorado Springs, Colo., after the Media General/Lin merger is completed. Sinclair had previously said it will sell WHTM in...

Related "Media General Inc." Articles

Sinclair Broadcast Group Inc. said it will swap four television stations with Media General in a move designed to expand the Baltimore broadcaster's geographic reach and give it greater flexibility for future acquisitions.
Sinclair will acquire a station...

Sinclair Broadcast Group Inc. plans to sell two television stations to help the company move ahead with a $1 billion planned purchase of seven ABC affiliates and a Washington-based cable news network.
Selling the stations for a combined $97.4 million...

Billionaire investor Warren Buffett had opinions to spare Friday, when he dished on JPMorgan’s Jamie Dimon, Wells Fargo’s home lending prowess, the future of the euro and newspapers, Facebook and more.“I’ve had enough mistakes of my own that I’m very...

Former paperboy and current Omaha, Neb., billionaire Warren Buffett is throwing the weight of Berkshire Hathaway Inc. behind the newspaper industry, buying the majority of Media General Inc.’s papers months after picking up his hometown...